Spread before costs (cost unknown: a leg has no order-book sample)+0.071%
7d average+0.043%if it closes, per $10,000$7funding while held, a day+$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MON | 0.02533 | 0.0096 | pay 0.0012% / 1h | 56m 59s | $827K | $748K | 10x |
| Short | Hyperliquid MON | 0.02535 | 0.0100 | get 0.0013% / 1h | 56m 59s | $34.2M | $7.5M | 5x |
Lighter MON
Hyperliquid MONPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $7.11
- Funding while held
- $0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$1.77
- Spread needed to break even
- 0.090%
Slippage unknown: Lighter: live order book, 40 min ago; Hyperliquid: live order book, 8 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.12
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 40 min ago | 1.96 bp | 2.0 bp −$2 | 119.2 bp −$1,192 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 0.20 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
MON price on every exchange
against the cheapest. Click to use as the short leg.Bulk0.02520cheapestVariational Omni0.02525+0.190%Phoenix0.02525+0.216%ApeX Omni0.02526+0.240%Aftermath Perps0.02527+0.278%Injective0.02527+0.279%Pacifica0.02528+0.323%dYdX0.02528+0.324%edgeX0.02528+0.339%Paradex0.02529+0.357%OKX0.02529+0.359%Bybit0.02530+0.379%Orderly0.02530+0.398%Aster0.02531+0.432%Aevo0.02531+0.438%Backpack0.02531+0.446%GMX0.02531+0.446%01 Exchange0.02531+0.450%Deribit0.02532+0.474%Gate0.02532+0.478%KuCoin0.02532+0.478%Bitget0.02532+0.478%SoDEX0.02532+0.478%BloFin0.02532+0.478%Binance0.02532+0.478%
Bulk
Variational Omni
Phoenix
ApeX Omni
Injective
Pacifica
dYdX
Paradex
OKX
Bybit
Orderly
Aster
Aevo
Backpack
GMX
Deribit
Gate
KuCoin
Bitget
SoDEX
BloFin
BinanceLighter0.02533+0.517%
Nado0.02533+0.531%
NadoHyperliquid0.02535+0.589%
Extended0.02536+0.619%Kraken Futures0.02536+0.623%Perpl0.02538+0.712%Coinbase International0.02550+1.204%
Extended
Kraken Futures
Perpl
Coinbase InternationalMON on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bulk MON-USD | −0.515% | +0.0100% | 1h | $103K | $5K | 10x | as long as short |
| Variational Omni MON | −0.326% | +0.0100% | 8h | $783K | $334K | — | as long as short |
| Phoenix MON | −0.300% | 0.0000% | 1h | $13K | $379K | 5x | as long as short |
| ApeX Omni MONUSDT | −0.276% | +0.0100% | 1h | $67K | $492K | 50x | as long as short |
| Aftermath Perps MONUSD | −0.238% | +0.0823% | 1h | $2K | $73K | 10x | as long as short |
| Injective MON/USDC PERP | −0.237% | −0.0220% | 1h | $5K | $106 | 5.5x | as long as short |
| Pacifica MON | −0.193% | +0.0100% | 1h | $144K | $104K | 3x | as long as short |
| dYdX MON-USD | −0.193% | +0.0100% | 1h | $13K | — | 5x | as long as short |
| edgeX MONUSDC | −0.178% | +0.0100% | 4h | $46K | $239K | 10x | as long as short |
| Paradex MON-USD-PERP | −0.160% | +0.0100% | 8h | $8K | $42 | 5x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX MON-USDT-SWAP | −0.158% | +0.0100% | 4h | $4.3M | $6.0M | 50x | as long as short |
| Bybit MONUSDT | −0.138% | −0.0144% | 8h | $21.0M | $11.3M | 50x | as long as short |
| Orderly PERP_MON_USDC | −0.118% | +0.0100% | 4h | $16K | $64K | 10x | as long as short |
| Aster MONUSDT | −0.085% | +0.0100% | 4h | $105K | $241K | 10x | as long as short |
| Aevo MON-PERP | −0.079% | +0.0104% | 1h | $38K | — | 3x | as long as short |
| Backpack MON_USDC_PERP | −0.071% | −0.0632% | 1h | $123K | $128K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | −0.071% | L +0.0231% / S −0.0343% | 1h | $6K | — | 50x | as long as short |
| 01 Exchange MONUSD | −0.067% | +0.0048% | 1h | $6K | $1K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | −0.043% | +0.0027% | 1h | $47K | $74K | 25x | as long as short |
| Gate MON_USDT | −0.039% | +0.0100% | 4h | $965K | $936K | 50x | as long as short |
| KuCoin MONUSDTM | −0.039% | +0.0270% | 4h | $2.6M | $670K | 75x | as long as short |
| Bitget MONUSDT | −0.039% | +0.0100% | 4h | $2.6M | $1.8M | 25x | as long as short |
| SoDEX MON-USD | −0.039% | +0.0100% | 1h | $5K | $6K | 5x | as long as short |
| BloFin MON-USDT | −0.039% | +0.0047% | 4h | $1.3M | $207K | 75x | as long as short |
| Binance MONUSDT | −0.039% | +0.0100% | 4h | $23.9M | $23.9M | 75x | as long as short |
| Lighter MONlong | 0.000% | +0.0096% | 1h | $827K | $748K | 10x | |
| Nado MON-PERP | +0.013% | +0.0100% | 1h | $310K | $528K | 10x | as long as short |
| Hyperliquid MONshort | +0.071% | +0.0100% | 1h | $34.2M | $7.5M | 5x | |
| Extended MON-USD | +0.101% | +0.0104% | 1h | $45K | $400K | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.105% | +0.0202% | 1h | $252K | $73K | 10x | as long as short |
| Perpl MON | +0.193% | +0.0223% | 43m | $208K | $1.7M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.683% | +0.0808% | 1h | $113K | $51K | 50x | as long as short |